sure SYR by producing 380k tons pa gains by the economies of scale but the world at present only consumes 320k tons pa so what chance do SYR have of selling the 380k tons???? this is why KNL management are only initially developing a 40k mine and processing plant.
I know that the world consumption is predicted to expand rapidly but IMO it wont expand quickly enough to consume what the super pits are planning on producing and what confounds me is how their SP is way higher than KNL's even though KNL are the only company with a signed and sealed take-off that is NOT Chinese c/w Chinese fish hooks!!!!
HKP
sure SYR by producing 380k tons pa gains by the economies of...
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Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $54.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 10.5¢ | $85.61K | 760.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 24094 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EGR (ASX) Chart |